Pi Network plans to release roughly 5 billion tokens from a total of 100 billion. Achieving $100 per token seems nearly impossible with 95% locked. Thoughts?
Based on my experience with digital tokens and early market behaviors, setting a high target price like $100 per token seems overly optimistic when most tokens remain locked. The strategy of releasing only a small percentage might initially create scarcity, but it could also hinder liquidity and natural price discovery. In practice, rigid supply control often leads to high volatility once unlocks occur. The unlocking schedule and user adoption will play crucial roles in determining the token’s long-term valuation.
i think the whole idea is kinda speculative. minimal release might pump the price short-term, but when unlocked tokens flood in, demand may not hold up. hype over scarcity can be misleading without true long-term utility.